Overview
What is Port Townsend Aero Museum?
The Port Townsend Aero Museum is a nonprofit organization dedicated to inspiring and educating youth volunteers through hands-on experiences. Located within its premises, you'll find a captivating display of vintage aircraft, artifacts, and aviation-themed artwork. The museum's primary mission involves nurturing the young volunteers, empowering them with valuable skills and knowledge, while preserving the rich history of aviation for all to appreciate.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71%, Two-Star out of Four Star Rating
The Port Townsend Aero Museum has received a Two-Star rating from Charity Navigator, indicating that while it shows some positive aspects in its operations, there are likely areas for improvement. The organization has demonstrated strong accountability and financial practices, reflected in its perfect scores for board independence, material diversion of assets, and documentation of board meeting minutes.
Strengths of the museum include a fully independent board and a solid liabilities to assets ratio, showcasing its responsible financial management. However, the overall score suggests that the museum may face challenges in areas not fully captured by these metrics, such as program effectiveness or operational transparency.
While the museum excels in governance aspects, the lower overall rating may reflect limitations in how funds are allocated toward its programs. Stakeholders should consider these factors when evaluating the organization's impact and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Port Townsend Aero Museum legitimate?
Port Townsend Aero Museum is a legitimate nonprofit organization registered as a 501(c)(3) entity. Port Townsend Aero Museum submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $182,396
Professional Fundraising Fees: $0
Other Salaries and Wages: $127,370
For more financial information, click here
What is the mission statement of Port Townsend Aero Museum?
The Port Townsend Aero Museum's mission revolves around promoting education for youth volunteers, offering them hands-on skills and knowledge. Simultaneously, it showcases a collection of vintage aircraft, artifacts, and aviation art, serving as a testament to the history and evolution of aviation. The museum's primary objective is to educate and inspire through these exhibits, providing a unique learning experience for its visitors.
Who is the CEO of Port Townsend Aero Museum?
Michael Payne is the Secretary/Treas of Port Townsend Aero Museum.
What is the revenue of Port Townsend Aero Museum?
Port Townsend Aero Museum's revenue in 2022 was $816,897.
Who are the executives of Port Townsend Aero Museum and what are their salaries?
The average compensation at Port Townsend Aero Museum during 2022 was $51,628. There are 6 employees and 45 volunteers at Port Townsend Aero Museum.
Here are 5 key members and their salaries:
- Compensation: $182,396
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Port Townsend Aero Museum?
Port Townsend Aero Museum's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Port Townsend Aero Museum
The Port Townsend Aero Museum is committed to a mission that encompasses both education and the preservation of aviation history. This nonprofit organization prioritizes providing valuable educational opportunities for youth volunteers. Through these programs, these young individuals gain practical skills and knowledge, fostering their growth and development. Alongside this educational focus, the museum showcases an array of vintage aircraft, artifacts, and aviation art. By doing so, it offers visitors a unique and immersive experience into the world of aviation, allowing them to appreciate the history and evolution of this fascinating field.
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Impact
July, 2024
Port Townsend Aero Museum has a significant impact on the community by providing educational programs for youth volunteers. These programs allow young individuals to gain practical skills and education in a hands-on setting. Additionally, the museum showcases vintage aircraft, artifacts, and aviation art, preserving important pieces of history for future generations to appreciate and learn from. Through its activities, Port Townsend Aero Museum contributes to the preservation and promotion of aviation heritage while educating and inspiring young people.
This information is meant to be a general summary of Port Townsend Aero Museum. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $4,892
- Program Service Revenue: $67,147
- Gross Receipts: $890,297
Assets and Liabilities:
- Total Assets: $8,009,835
- Total Liabilities: $12,217
- Net Assets: $7,997,618
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
AIRCRAFT, VEHICLES, PARTS
Revenue
$35,500
MUSEUM ADMISSIONS
Revenue
$30,730
MISCELLANEOUS INCOME
Revenue
$917
Organization Details
Founding Year
2001
Phone
(360) 670-9297Principal Officer
Michael Payne
Main Address
105 AIRPORT RD, PORT TOWNSEND, WA, 98368
NTEE Category
Code: A54 - Arts
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